IOTA IOT/USD is trading at 1.71. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in IOTA. The test area of Ichimoku Kinko Hyo signal lines near the level of 1.73 is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the target close to 1.35. IOTA forecast & analysis IOT/USD May 19, 2018 An additional signal in favor of the drop of the IOTA cryptocurrency will be a test of the resistance area, as well as a test of the…
Author: forex24pro
forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
EOS EOS/USD is trading at the level of 12.32. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bearish trend in EOS. The test area of the Ichimoku Kinko Hyo signal lines near the level of 13.00 is expected, from which we should expect a rebound and an attempt to continue the fall of the cryptocurrency with the aim near the level of 8.00. EOS forecast & analysis EOS/USD May 19, 2018 An additional signal in favor of the fall of the cryptocurrency will be a test of the…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1806 and continues to move within the fall. At this point, we should expect an attempt to test the resistance area near the level of 1.2050 and the continuation of the fall of the euro dollar in the area below 1.1500. EUR/USD weekly forecast May 21 — 25, 2018 In favor of the fall of EUR/USD, a downlink test will be performed on the relative strength index (RSI), as well as a channel boundary test. The cancellation of the fall of the pair’s quotations in the current…
Quotes of BRENT crude oil close the trading week near the area of 79.61 dollars per barrel. It is worth waiting for an attempt to test the upper boundary of the bullish channel near the level of 80.00 and the beginning of the fall of oil in the area below 72.00 dollars per barrel. BRENT crude oil forecast May 21 — 25, 2018 An additional signal in favor of falling oil quotes in the current trading week will be a test of the resistance line on the indicator of relative strength index (RSI). The cancellation of the variant of falling…
Currency pair Pound Dollar GBP/USD completes trading week near area 1.3497. The pair continues to move within the limits of the decline. At this point, we should expect an attempt to test the resistance area near the level of 1.3750 and continue falling quotations in the area below the level of 1.2850. GBP/USD weekly forecast May 21 — 25, 2018 In favor of the fall of the British Pound, a trend line test will be performed on the relative strength index (RSI), as well as the completion of the formation of the reversal model «Double Top». The target of the…
Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 61.92 Rubles for the US Dollar. The pair continues to move within the framework of correction and formation of the «Triangle» model. At the moment, we should expect a test of the support area near the level of 61.00 and continue the growth of the pair above the level of 68.50. USD/RUB weekly forecast May 21 — 25, 2018 In favor of the pair’s growth, the Dollar/Ruble will test the lower border of the rising channel on the indicator of relative strength index (RSI).…
Currency pair Australian Dollar to US Dollar AUD/USD completes trading week near area 0.7509. The pair continues to move in a bearish trend. At this point, we should expect an attempt to test the upper border of the channel near the area of 0.7600 and continue the fall of AUD/USD with a target below 0.7120. AUD/USD weekly forecast May 21 — 25, 2018 In favor of the fall, a trendline test will be performed on the relative strength index (RSI). The cancellation of the AUD/USD fall will result in a strong growth and breakdown at the level of 0.7750, which…
The pair Canadian Dollar to US Dollar USD/CAD closes the trading week near the level of 1.2812. The pair continues to move within the bullish channel. At the moment, we should expect an attempt to test the lower border of the channel near the area of 1.2750 and continue the growth of quotations with a target above the level of 1.3450. USD/CAD weekly forecast May 21 — 25, 2018 In favor of the growth of the pair USD/CAD will test the upward trend line on the indicator of relative strength index (RSI). The cancellation of the continuation of USD/CAD quotes…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the area of 110.99. At this point, we should expect an attempt to test the support level near the area of 108.50 and continue the growth of the pair to an area above the level of 115.50. USD/JPY weekly forecast May 21 — 25, 2018 In favor of the pair’s growth, the Dollar/Yen will test the support line on the relative strength index (RSI). The cancellation of the growth of the pair USD/JPY on the current trading week will be the fall and breakdown of…
GOLD XAU/USD close the trading week near the area of 1288. Quotes continue to move within the bullish channel. At the moment, we should expect a test of the resistance level near the area of 1310 and the continuation of the fall in the price of GOLD below the level of 1225. XAU/USD weekly forecast May 21 — 25, 2018 In favor of falling quotations and prices for GOLD will perform a downtrend test of the trend on the indicator of relative strength index (RSI). The cancellation of the fall in the XAU/USD quotation will result in a strong growth…